A five-fold jump in general cargo and more than doubled handling of building materials, along with robust growth in containers, led Hamad, Doha and Al Ruwais ports witness robust performance in December 2020, indicating the promising potential for Qatar’s logistics and support services as well as...
Isle of Man register appoints Idwal’s Kingdon in China
Ship registry says country has “huge and exciting” market potential
Unaccompanied ro-ro traffic up at Tilbury as vision for Thames freeport is unveiled
Port of Tilbury owner Forth Ports said there were clear signs that cross-Channel sea freight was increasingly moving to unaccompanied shipping options, as shippers and their forwarders seek greater supply chain resilience.
The company reported it had seen a 20% year-on-year increase in unaccompanied freight volumes between Tilbury and Zeebrugge in December through its recently opened Tilbury2 terminal, leading P&O Ferries to add an additional vessel to cope with the higher …
The post Unaccompanie...
PRIME’S DAILY MARKET REPORT Jan 05, 2021
PRIME’S DAILY MARKET REPORT Jan 05, 2021
Office closed to observe Epiphany Day. Available on cell phones. | |||||
SOURCES: Phys. Suppliers, Reuters | |||||
CRUDE OIL FUTURES @ 12:40 WTI $ 47.86/bbl ↑0.24 Brent $ 51.26/bbl ↑0.17 Gasoil ↓0.50 | |||||
PORTS (Del.costs) | VLSFO (0.5%) | RMG380 | RME180 | DMA LS | Comments/Earl.del. |
PIRAEUS (mtw) | 425-430 | 320-325 | n.a. | 450-455 | firm prices s.i.-avails |
MALTA | 410-415 | 345-350 | n.a. | 455-460 | |
GIBRALTAR (mtd/mtw) | 425-430 |
https://allaboutshipping.co.uk/2021/01/05/primes-daily-market-report-jan-05-2021/
‘Clean shift’ as euro share trading exits London for EU
The biggest shift in European share trading in two decades was proceeding smoothly on Monday, on the first day of business since Britain left the European Union’s single market. While a Brexit trade deal agreed last month set rules for industries such as fishing and agriculture, it did not cover...
https://www.hellenicshippingnews.com/clean-shift-as-euro-share-trading-exits-london-for-eu/
Costs set to fall for Qatar Airways as Middle East blockade comes to an end
Costs for shipping via Qatar could fall, following an agreement to end the blockade of the country by other Middle Eastern states.
Saudi Arabia, Bahrain, Egypt and the UAE introduced a land, sea and air blockade of Qatar in June 2017, accusing the country of supporting terrorist groups and working with Iran.
Today, a formal agreement is expected to be signed at the GCC meeting in Saudi Arabia, which reportedly led the …
The post Costs set to fall for Qatar Airways as Middle East blockade comes...
https://theloadstar.com/costs-set-to-fall-for-qatar-airways-as-middle-east-blockade-comes-to-an-end/
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How can US-listed shipping stocks climb out of the wreckage of 2020?
New York listings bleed a third of share value, failing to follow rare profits in 2019
Panama Maritime Authority participates in Search and Rescue Drill
Panama joined the SAR Convention, in 2,013, which is a commitment of the countries, among themselves and with the IMO, to provide help to vessels, persons or airplanes that may have accidents in national waters, by means of any vessel that is nearby, whether it is a sport, tourist or commercial...